Zcash developers select November 5 target for NU7 upgrade with 25-second blocks

Zcash developers have agreed on block 3,543,405 as the planned activation point for Network Upgrade 7 (NU7), bringing the privacy-focused blockchain closer to introducing 25-second blocks around November 5. Zcash developers have selected block 3,543,405 for NU7 activation, expected around November 5. The upgrade will reduce target block times from 75 seconds to 25 seconds, cutting confirmation delays. NU7 introduces a mechanism that temporarily removes 60% of transaction fees from circulation. Funds remaining in Zcash's legacy Sprout pool will become unspendable after the upgrade. The activation proposal has received two approvals but still requires final integration into the deployment specification.

Source: crypto.news